Chinese Cuisine - Restaurant - Sales $17,000 Pw - Chinese Cuisine -wollongong Illawarra Nsw - Profit $6,210 Pw
New South Wales
$188,000
Key Features
AI generated. Contact seller to confirm.
- Restaurant serving Chinese cuisine
- Large dining area with 120 seats
- Full kitchen and walk-in cool room
- Excellent street front location
- Very profitable with low rent
- Potential for live seafood addition
- Turnover: $884,000
- Net Profit: $322,920
- Rent/Lease: 7 year lease expires March 2026
- Stock Value: Included
- Established: 4 years
Business Details
Business Category Restaurant
Chinese Cuisine - Restaurant - South Coast - Agent SBX Code Number: SM1247
Restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in cool room. - Full kitchen. - Licenced
Potential
Could add live seafood. -Suit owner operator or investor. - Do promotions to develop home delivery..
Features
Excellent street front location with ample parking. - Very profitable. - Low rent.
Premises
This business has an area of 200 sq.mts. and was recently refurbished in year 2019 at a cost over $150,000.
Location
Situated at large local shopping centre facing car park and street in Wollongong Illawarra area.
Trading Hours
7 days - 1130 a.m. - 1030 p.m.
Lease
7 year lease expires March. 2027. - 3% C.P.I. increases. - 3 months bond.
Employees
2 owners + 2 fulltimers + casuals
Comments
Very profitable. Rent includes all outgoings and water. -Misc. -1 - Admin, Accountant, repairs etc. This business can do employer sponsorship for the staff.
Agent SBX Code Number: SM1247 - Sydney Business Exchange
Restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in cool room. - Full kitchen. - Licenced
Potential
Could add live seafood. -Suit owner operator or investor. - Do promotions to develop home delivery..
Features
Excellent street front location with ample parking. - Very profitable. - Low rent.
Premises
This business has an area of 200 sq.mts. and was recently refurbished in year 2019 at a cost over $150,000.
Location
Situated at large local shopping centre facing car park and street in Wollongong Illawarra area.
Trading Hours
7 days - 1130 a.m. - 1030 p.m.
Lease
7 year lease expires March. 2027. - 3% C.P.I. increases. - 3 months bond.
Employees
2 owners + 2 fulltimers + casuals
Comments
Very profitable. Rent includes all outgoings and water. -Misc. -1 - Admin, Accountant, repairs etc. This business can do employer sponsorship for the staff.
Agent SBX Code Number: SM1247 - Sydney Business Exchange
